Candle Scans for 20090506




Today's market direction and play.

Moving Average	10/30/50MA showing that market is currently trending UP.
Williams %R	Overbought
Action Plan	Stay sideline and wait for a better market timing for today

(For more detail on market timing, please visit here)

Bullish Patterns
bullish_engulfing (0)	morning_star (0)	piercing_line (0)	bullish_kicking (0)	hammer (14)	all_bullish_taz (123)	bullish_nr7 (14)	bullish_r2 (27)	fail_to_drop (9)	recent_gap_up (557)

(Click here to view all Bullish Patterns' Chart)

Bearish Patterns
bearish_engulfing (3)	evening_star (0)	dark_cloud_cover (3)	bearish_kicking (0)	shooting_star (4)	all_bearish_taz (42)	bearish_nr7 (6)	bearish_r2 (65)	fail_to_climb (30)	recent_gap_down (37)

(Click here to view all Bearish Patterns' Chart)




(To learn more about Candle Chart Patterns, please visit http://www.candlesticker.com.)

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